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Official Site of the Bears · Mar 8, 2016

Jeffery signs franchise tag tender

Receiver Alshon Jeffery has officially signed his franchise tag tender and can still ink a long-term contract with the Bears through July 15.The tag precludes Jeffery from becoming an unrestricted free agent while guaranteeing him a one-year contract equal to the average of the NFL's five highest paid receivers.

Having received a "non-exclusive" franchise tag, Jeffery can negotiate with other NFL teams. If he signs an offer sheet, the Bears have the right to match it or receive two first-round draft picks as compensation if they choose not to.

Full story at Official Site of the Bears

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